Startup Atlas · Fintech
Coverfox
Varun Dua · Co-founder
Devendra Rane · Co-founder (CTO, resigned Feb 2020)
$54.89 MnTotal funding (tracked)
6Funding rounds
24 Jul 2019Last round
130Team size (sourced)
Coverfox: Financial Breakdown
Figures below are FY2022, standalone basis, compiled from filings and disclosures — every year cited to its source.
₹13.03 croreTotal revenue · -0.7% YoY
₹18.42 croreTotal expenses
₹5 crore lossNet loss · loss narrowed 61.2% YoY
Revenue by fiscal year
Net profit / loss by fiscal year
Bars below the line are a net loss for that year.
| Fiscal year | Revenue | Total expenses | EBITDA | Net profit / loss | Source |
|---|---|---|---|---|---|
| FY2022 | ₹13.03 crore | ₹18.42 crore | — | ₹5 crore loss | source |
| FY2021 | ₹13.12 crore (brokerage income) | ₹30.74 crore | — | ₹12.88 crore loss | source |
Nothing here is blurred or gated — every figure Atlas has is shown in full, free.
Sources & corrections.
Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: www.coverfox.com · Last verified 15 Jul 2026. · Report a correction